ANTC20H3 Lecture Notes - Lecture 9: Disting, Barter, Starbucks

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We use values in 3 diff. senses that often intermingle w/ one another. Ethical value: why is it imp. to us, how does it help s/o be the person they want to be, how does it help society be what it is. Despite these diff. values we tend to think of value in a monetary sense. U/d capitalism evthing becomes reduced to economic value; debt is an economic term. We talk of morality in terms of debt that you have to repay it he says: debt is the wrong way to talk about morality; debt is the monetary relationship and should not be the moral one. Relationship/long-term sense of duty and obligation is what is wanted not money. Debt is a promise by one person to pay another a cert. amount of money; w/ certain condition; in future. All interactions b/w two humans are forms of exchange, if not even then there"s a debt.

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